February 23, 2021
GEV is well placed to help provide tailored and cost-effective solutions to remote fields by linking stranded gas to demand centres with its CNG Optimum shipping. Where methane is used in combined-cycled power to displace coal, there are savings of ~30% in CO2 and SOX emissions. CNG Optimum is less carbon-intensive than LNG liquefaction and re-gas processes. Unlike pipelines, GEV’s ships avoid stranded infrastructure, move upon field depletion; this can enhance project debt funding capacity.
